Canadian Natural Logs What Is Seen as Another Solid Quarter -- Market Talk
Dow Jones03-05
0757 ET - Canadian Natural Resources' operational performance was right down the fairway and the Canadian energy company continues to deliver as expected, Michael Barth of Raymond James says. Adjusted fund flows from operations at C$3.75 billion for 4Q was 8% ahead of the analysts forecast and 7% ahead of the consensus forecast, through Barth says that appears to have been largely driven by lower cash tax and high netbacks. Raymond James has an outperform call on the shares, which last closed in Toronto at C$60.24. In premarket trade in New York, the stock is up 1.8% at $44.97. (robb.stewart@wsj.com)
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March 05, 2026 07:57 ET (12:57 GMT)
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